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1870 Saint Johns Blvd
Lincoln Park, MI 48146
Multifamily Property For Sale
·
8 Units


Investment Highlights
- Eight-unit multifamily property configured as a two-story apartment building.
- All units are described as two-bedroom layouts with living, dining, and kitchen areas.
- Large on-site parking area serves the property.
- Reported as 100% tenant occupied at the time of listing.
- Basement includes on-site laundry facilities for residents.
- Located near neighborhood retail, restaurants, schools, and regional transportation corridors.
Executive Summary
8 unit 2 story apartment building, 100% tenant occupied, each unit consists of 2 bedrooms, living room, kitchen, dining area & bathroom, basement with on-site laundry, huge parking lot, super close to many shops, restaurants & schools, all data apx.
1870 Saint Johns Boulevard presents an opportunity to acquire an eight-unit multifamily asset in Lincoln Park, a Downriver community within the Detroit metropolitan area. The property consists of an eight-unit, two-story apartment building that is reported as fully occupied. Each unit includes two bedrooms, a living room, kitchen, dining area, and bathroom. Additional property features include a basement with on-site laundry facilities and a large parking area serving residents.
The location provides access to local retail, restaurants, schools, neighborhood services, and major transportation routes connecting Lincoln Park to the broader Detroit region. Lincoln Park benefits from proximity to Interstate 75, Fort Street, Southfield Road, and nearby employment centers throughout Wayne County. The property's residential configuration, existing occupancy, and established neighborhood setting position it as a stabilized multifamily investment within an infill suburban market.
The combination of multiple residential units, on-site parking, and resident amenities supports ongoing rental operations. Its location within a mature residential area provides access to daily conveniences and regional transportation infrastructure, which can contribute to continued tenant demand. Investors seeking an income-producing multifamily asset may find value in the property's existing occupancy and established operating history.
1870 Saint Johns Boulevard presents an opportunity to acquire an eight-unit multifamily asset in Lincoln Park, a Downriver community within the Detroit metropolitan area. The property consists of an eight-unit, two-story apartment building that is reported as fully occupied. Each unit includes two bedrooms, a living room, kitchen, dining area, and bathroom. Additional property features include a basement with on-site laundry facilities and a large parking area serving residents.
The location provides access to local retail, restaurants, schools, neighborhood services, and major transportation routes connecting Lincoln Park to the broader Detroit region. Lincoln Park benefits from proximity to Interstate 75, Fort Street, Southfield Road, and nearby employment centers throughout Wayne County. The property's residential configuration, existing occupancy, and established neighborhood setting position it as a stabilized multifamily investment within an infill suburban market.
The combination of multiple residential units, on-site parking, and resident amenities supports ongoing rental operations. Its location within a mature residential area provides access to daily conveniences and regional transportation infrastructure, which can contribute to continued tenant demand. Investors seeking an income-producing multifamily asset may find value in the property's existing occupancy and established operating history.
Property Facts
| Price Per Unit | $112,475 | Building Class | C |
| Sale Type | Investment | Building Size | 7,800 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1973 |
| Apartment Style | Low-Rise |
| Price Per Unit | $112,475 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | 7,800 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1973 |
Property Taxes
| Parcel Number | 45-022-04-0092-000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $273,200 |
Property Taxes
Parcel Number
45-022-04-0092-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$273,200
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